When Does Lack of Resources Make New Firms Innovative?
研究新企业在缺乏资源时，何种市场环境会促进或抑制其创新，发现竞争激烈、规模小且不依赖大量生产资产的市场更有利于新企业创新。
We extend the resource-based perspective to explain innovation in new firms that have yet to develop resources. Using data on firms' efforts to commercialize technological inventions, we tested a model of the environmental conditions under which new firms' lack of resources alternately promotes or constrains innovation. We found that new firm innovation is greater in competitive and small markets, and in environments that do not demand extensive production assets.